Friday, May 24, 2013
UK economy ‘improving’ according to European Central Bank as German growth shrinks
The president of the European Central Bank (ECB), Mario Draghi, has said that they’re “encouraging signs of tangible improvements”, within the UK economy.
Thursday, May 23, 2013
BskyB signs off on £49 million fibre broadband contract with Virgin
Virgin Media Business has signed a five year fibre optic broadband contract, valued at £49 million, with BskyB.
Wednesday, May 22, 2013
Royal Mail profit rise in face of privatisation
Annual profits at Royal Mail rise to £324 million in the face of privatisation, as the UK government moves forward with the planned sell-off.
Tuesday, May 21, 2013
Marks & Spencer suffers from clothing slump
Marks & Spencer has recorded the lowest sales in four years after reporting low clothing sales. Pre-tax profits for 2012-2013 came in at just over £665.2 million, a fall of 6 percent from results published the same time last year.
Monday, May 20, 2013
Banking security is questioned after significant losses in India
A compromise in security at two Indian based card-processing companies, ElectraCard Services and EnStage, has resulted in multi-million dollar financial thefts across continents.
Thursday, May 16, 2013
IBM appointed as innovation partner for Thames Water
Thames Water has appointed IBM as Technology and Innovation Partner in a move that is designed to develop and improve the water company’s social interaction with customers alongside overall corporate transformation services.
Wednesday, May 15, 2013
Oracle opens new datacentre to support UK G-Cloud
Oracle has opened a new data centre based in Thames Valley, as part of a move to support the UK governments G-Cloud.
Tuesday, May 14, 2013
Intel loses market position as PC sales fall
IT giant Intel has lost ground as the world’s largest semiconductor company, as rivals see sales expand through mobile device uptake, while Intel’s PC market shrinks.
Monday, May 13, 2013
Centrica reports increased profits from protracted winter
An increased price rise of 6 percent during December 2012 led to boosted profits for British Gas, with a long winter seeing rising energy consumption levels delivering £602 million in profit.
Friday, May 10, 2013
G4S wins G8 summit contract
Global security outsourcer G4S has successfully won the contract to provide security for the G8 summit.